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November 15, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Batesville, Business Loans > The Citizens Bank Batesville Business Loans > Eating Places Loan | ||||
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Arkansas Bank SBA Loans
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The Citizens Bank SBA Loan to Eating Places CompanyWant an Arkansas small business loan? Here's one Arkansas business loan that was approved by the SBA. This up and coming company knew how to go about getting a business bank loan. Based in Batesville, Arkansas, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was The Citizens Bank, based in Batesville, Arkansas. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender THE CITIZENS BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 6/6/2000 Loan Approval Gross Amount $65,500 Loan Approval from the SBA Of the total $65,500 loan amount, the SBA guaranteed $52,400. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Best Batesville, Arkansas Banks for Small Business
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